USD/JPY: Yen extends its fall against the US Dollar in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.35% against the JPY and closed at 102.21, as the latter extended its losses on the back of yesterday’s soft current account data from the Japanese economy. In … Continue reading

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USD/JPY: Yen continues to trade lower in the morning session

USDJPY Movement On Friday, the USD strengthened 0.18% against the JPY and closed at 101.79. On the economic front, Japan’s leading economic index fell more-than-expected to a 12-month low reading of 106.5 in March while its coincident index improved to … Continue reading

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USD/JPY: Yen trading lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 101.60. In the Asian session, at GMT0300, the pair is trading at 101.71, with the USD trading 0.10% higher from yesterday’s … Continue reading

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USD/JPY: Japan’s Amari credits policy reforms for a significant improvement in the nation’s labour market

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 101.86, buoyed by the Fed Chief, Janet Yellen’s cheerful outlook of the US economy. Late Wednesday, Japan’s Economy Minister, Akira Amari, … Continue reading

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USD/JPY: Japan to recover modestly in the near future, shows BoJ’s minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.46% against the JPY and closed at 101.68, following the releases of lacklustre US trade balance data for March. In economic news, the OECD slashed its growth projections … Continue reading

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USD/JPY: Yen trading higher ahead of the release of the BoJ’s minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.09% against the JPY and closed at 102.15. The Japanese Yen gained ground as lacklustre manufacturing PMI data from China and escalating violence in Ukraine spurred demand for … Continue reading

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USD/JPY: Unemployment rate in Japan stood pat at 3.6% in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.31, following strong US ISM manufacturing PMI and consumer spending data. Yesterday, an industry report revealed that the vehicle deliveries last … Continue reading

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USD/JPY: Central bank would not hesitate to alter its policy if risks materialise, says BoJ’s Governor, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 102.25, following a lacklustre US first-quarter GDP data. Yesterday, following the BoJ’s decision to keep its monetary policy intact, the bank’s … Continue reading

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USD/JPY: BoJ refrains from altering its monetary policy in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 102.63. The Japanese Yen declined as traders speculated that the recent rally in the safe-haven currency on the back of Ukraine … Continue reading

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USD/JPY: Yen trading marginally lower in a Japanese holiday trading session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 102.49, following the recent batch of upbeat US economic data. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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USD/JPY: Japan’s annual retail sales surged at the fastest pace in 17 years in March

USDJPY Movement On Friday, the USD weakened 0.17% against the JPY and closed at 102.13. The Japanese Yen gained ground as escalating turmoil in Ukraine fuelled demand for safe-haven assets. Late Sunday, the IMF projected Japan’s growth to ease to … Continue reading

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